Sun, 08/21/2022 - 12:39
0
29/07/2022
Ricardo Martínez & Juan D Moreno Ternero, 2022. "Laissez-Faire or Full Redistribution?" ThE Papers 22/09, Department of Economic Theory and Economic History of the University of Granada.
Abstract: We explore the implications of three basic and intuitive axioms for income redistribution problems: equal treatment of equals, additivity and stability. We show that the combination of the three axioms characterizes two focal and polar rules: laissez-faire and full redistribution.